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Nov 27, 2012
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can he convince john boehner to say i'll take the majority of the house -- >> and behind the crazy people. >> once bitten, twice shy. a remembrance on the part of the left what happened during the last grand bargain and the president put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental dynamic hasn't changed and that is, can boehner bring any votes to the table? if 20 -- if 20 or so tea party republicans rebel against him, he doesn't win the speakership vote on january 3rd. i don't though how you get around that because i still think even if the last election there are at least 20 or so crazies or whatever you want to call them extremists, die hards in the house republican tea p
can he convince john boehner to say i'll take the majority of the house -- >> and behind the crazy people. >> once bitten, twice shy. a remembrance on the part of the left what happened during the last grand bargain and the president put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the...
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Nov 27, 2012
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cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he poisoned? he died suddenly of a stroke, supposedly, in 2004, but a swiss lab said this summer that it found traces of a radioactive substance on his clothing. >>> the u.s. soldier accused of giving state secrets to wikileaks will speak for the first time since his arrest in 2010. bradley manning will testify today at a pre-trial hearing. he is expected to talk about his treatment, saying he's already been punished by being in solitary confinement. >>> you're not going to believe this. the pope mobile used by pope john paul ii on his visit to ireland in 1979 is now going to be used as a party rental. the "irish times" rep
cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he...
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Nov 27, 2012
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aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to
aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified...
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Nov 27, 2012
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. >> house speaker john boehner said he would prefer closing loopholes and tax deductions rather than raising rates. martha: thank you very much. bill: the budget negotiations with congressional leaders started a few weeks ago with president obama barack obama calling for $1.6 trillion in additional tax revenue over the next decade. treasury secretary timothy geithner argues that you cannot raise enough revenue to reduce the deficit by only limited tax breaks as some republicans argue, some senior republican aides they say believe a likely compromise would generate about a trillion dollars in new tax revenue possibly by limiting the deductions. martha: part of this whole equation. any future spending cuts should come gradually warned the global economic watchdog so as not to derail the already weak recovery. the group predicts the economy will grow a bit next year but at a slower rate than originally thought. we are really in a very slow growth pattern. they are projecting 2% next year compared with 2.6% which was the forecast from a few months ago. that kind of gross does not get you
. >> house speaker john boehner said he would prefer closing loopholes and tax deductions rather than raising rates. martha: thank you very much. bill: the budget negotiations with congressional leaders started a few weeks ago with president obama barack obama calling for $1.6 trillion in additional tax revenue over the next decade. treasury secretary timothy geithner argues that you cannot raise enough revenue to reduce the deficit by only limited tax breaks as some republicans argue,...
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Nov 27, 2012
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boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the p
boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we...
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Nov 27, 2012
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i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan. the gentleman from michigan. >> i yield myself such time as i may consume. >> it is recognized. >> if the congress does not act and act now, america will default. that would wreak havoc on our economy and make it harder for americans to find and keep a job. edfault cannot be an option. i am pleased that the bill before us ensures that will not occur. just as it would threaten economic health, so would increase in taxes. raising taxes on families and job creators would hinder investment, increase the cost of doing business, and result in even less hiring and fewer jobs. that is the wrong direction wh
i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan....
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Nov 27, 2012
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. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, which he hopes will strengthen his hand in negotiations with republicans. on monday a white house report on the impact of middle class tax cuts on the economy. tuesday, a meeting with small business owners. wednesday, meetings with middle class americans and ceos from some of the country's biggest companies. and friday, a road trip to a pennsylvania manufacturing plant. this approach did not escape the attention of senate minority leader mitch mcconnell who questioned the president's leadership on these fiscal challenges. >> in other words instead of sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail presumably with the same old talking points that we're all quite familiar with. >> reporter: but white house spokesman jay carney insisted the president is fully engaged in getting an agreement while taking his case to the public. >> so to suggest
. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, which he hopes will strengthen his hand in negotiations with republicans. on monday a white house report on the impact of middle class tax cuts on the economy. tuesday, a meeting with small business owners. wednesday, meetings with middle class americans and ceos from some of the country's biggest...